In 2013, Medicare accounted for about 14 percent of the total federal budget in the United States. Dollar-wise, this means that a program designed to help seniors afford health care spent approximately $583 billion on benefit payments. It’s no wonder that the government has been working hard on ways to mitigate costs while ensuring that… Continue Reading ›

The healthcare system in the United States has changed over the past five years thanks primarily to the Affordable Care Act. Under the ACA, consumers have more rights and protections, and programs like Medicare are being monitored more closely to ensure maximum efficiency. As a result, most Medicare beneficiaries will continue to see increased costs… Continue Reading ›

The Affordable Care Act attempts to revolutionize all aspects of the American healthcare industry, including Medicare. According to the Centers for Medicare & Medicaid Service, the new healthcare law will save Medicare beneficiaries about $4,200 over the next decade thanks in part to better access to preventive care and lower drug costs. The ACA hopes… Continue Reading ›